Top-Producing ROVI Homes Joins Real
Real Brokerage (NASDAQ: REAX) announced that ROVI Homes has joined their platform, bringing 150 agents and $2 billion in career home sales. The addition strengthens Real's presence in New England and Florida's Southwest Coast, pushing their total agent count above 23,000.
Founded in 2015 by Steve Rovithis, ROVI Homes grew from 3 to 150 agents and was recognized on the Inc. 5000 list in 2020 and 2021. The brokerage is known for pioneering innovative solutions in the New England real estate market, including high-end property marketing and specialized agent services. ROVI Homes has completed over 7,500 transactions across western Massachusetts, Connecticut, Rhode Island, and Sarasota, Florida.
Real Brokerage (NASDAQ: REAX) ha annunciato che ROVI Homes si è unita alla loro piattaforma, portando 150 agenti e 2 miliardi di dollari in vendite di case nella carriera. Questa integrazione rafforza la presenza di Real nel New England e sulla costa sud-ovest della Florida, portando il loro totale di agenti a oltre 23.000.
Fondata nel 2015 da Steve Rovithis, ROVI Homes è cresciuta da 3 a 150 agenti ed è stata riconosciuta nell'elenco Inc. 5000 nel 2020 e 2021. La società di intermediazione è nota per la sua innovazione nel mercato immobiliare del New England, inclusi marketing di proprietà di alta gamma e servizi specializzati per agenti. ROVI Homes ha completato oltre 7.500 transazioni in Massachusetts occidentale, Connecticut, Rhode Island e Sarasota, Florida.
Real Brokerage (NASDAQ: REAX) anunció que ROVI Homes se ha unido a su plataforma, trayendo 150 agentes y $2 mil millones en ventas de casas en sus carreras. Esta adición fortalece la presencia de Real en Nueva Inglaterra y en la costa suroeste de Florida, aumentando su conteo total de agentes a más de 23,000.
Fundada en 2015 por Steve Rovithis, ROVI Homes ha crecido de 3 a 150 agentes y fue reconocida en la lista Inc. 5000 en 2020 y 2021. La agencia es conocida por ser pionera en soluciones innovadoras en el mercado inmobiliario de Nueva Inglaterra, incluyendo marketing de propiedades de alta gama y servicios especializados para agentes. ROVI Homes ha completado más de 7,500 transacciones en el oeste de Massachusetts, Connecticut, Rhode Island y Sarasota, Florida.
Real Brokerage (NASDAQ: REAX)는 ROVI Homes가 플랫폼에 합류하여 150명의 에이전트와 20억 달러의 경력 주택 판매를 가져왔다고 발표했습니다. 이 추가는 리얼의 뉴잉글랜드와 플로리다 남서부 해안에서의 입지를 강화하여 그들의 총 에이전트 수를 23,000명 이상으로 끌어올립니다.
2015년 Steve Rovithis에 의해 설립된 ROVI Homes는 3명에서 150명으로 성장하였으며, 2020년과 2021년 Inc. 5000 리스트에 올라갔습니다. 이 중개인은 뉴잉글랜드 부동산 시장에서 고급 자산 마케팅 및 전문 에이전트 서비스와 같은 혁신적인 솔루션을 선도하는 것으로 알려져 있습니다. ROVI Homes는 서부 매사추세츠, 코네티컷, 로드아일랜드 및 플로리다의 사르소타에서 7,500건 이상의 거래를 완료했습니다.
Real Brokerage (NASDAQ: REAX) a annoncé que ROVI Homes a rejoint sa plateforme, apportant 150 agents et 2 milliards de dollars en ventes de maisons au cours de leur carrière. Cet ajout renforce la présence de Real en Nouvelle-Angleterre et sur la côte sud-ouest de la Floride, portant leur nombre total d'agents à plus de 23 000.
Fondée en 2015 par Steve Rovithis, ROVI Homes est passée de 3 à 150 agents et a été reconnue sur la liste Inc. 5000 en 2020 et 2021. La société de courtage est connue pour avoir ouvert la voie à des solutions innovantes sur le marché immobilier de la Nouvelle-Angleterre, y compris le marketing de propriétés haut de gamme et des services d'agents spécialisés. ROVI Homes a réalisé plus de 7 500 transactions dans l'ouest du Massachusetts, le Connecticut, le Rhode Island et Sarasota, en Floride.
Real Brokerage (NASDAQ: REAX) gab bekannt, dass ROVI Homes ihrer Plattform beigetreten ist und 150 Agenten sowie 2 Milliarden Dollar an Karrierewohnungsverkäufen mitgebracht hat. Diese Ergänzung stärkt Reals Präsenz in Neuengland und an der Südwestküste Floridas und erhöht die Gesamtzahl der Agenten auf über 23.000.
Gegründet im Jahr 2015 von Steve Rovithis, wuchs ROVI Homes von 3 auf 150 Agenten und wurde in den Jahren 2020 und 2021 in die Inc. 5000-Liste aufgenommen. Das Maklerunternehmen ist bekannt dafür, innovative Lösungen im Immobilienmarkt von Neuengland zu entwickeln, einschließlich dem Marketing von hochwertigen Immobilien und spezialisierten Dienstleistungen für Agenten. ROVI Homes hat über 7.500 Transaktionen in West-Massachusetts, Connecticut, Rhode Island und Sarasota, Florida, abgeschlossen.
- Addition of 150 experienced agents to Real's platform
- Geographic expansion in New England and Florida markets
- Integration of a successful brokerage with $2B in career sales
- Growth in total agent count to over 23,000
- Acquisition of an Inc. 5000-ranked company
- None.
Insights
The acquisition of ROVI Homes marks a significant strategic expansion for Real Brokerage, bringing
ROVI's track record of innovation and growth, evidenced by their Inc. 5000 rankings in 2020 and 2021, adds substantial value to Real's operations. The integration of ROVI's 7,500+ transaction experience and specialized services, including high-end property marketing and transaction coordination, will enhance Real's service offerings.
This acquisition pushes Real's total agent count beyond 23,000, indicating strong momentum in their expansion strategy. The deal aligns with the industry trend of technology-focused brokerages acquiring successful independent firms to scale operations and market presence.
This acquisition represents a strategic value-add for Real Brokerage (NASDAQ: REAX). ROVI Homes'
The expansion into key markets in New England and Florida's Southwest Coast diversifies Real's geographical revenue base. ROVI's innovative approach to agent services and established market presence provides Real with immediate market penetration without the typical ramp-up period associated with organic growth.
Inc. 5000-ranked independent brokerage brings 150 agents and
After seven years as a brokerage franchise owner, Rovithis founded ROVI Homes in 2015 to provide agents and their clients with an alternative to traditional franchise models. Under his leadership, the independent brokerage has grown from just three agents to 150, closing more than
“Since our founding, we’ve been focused on creating a culture that supports our agents and provides the technology and training they need to succeed. This will become even more important as the industry evolves, and we believe that Real is doing it all better than anyone,” Rovithis said. “Real’s culture, technology platform, comprehensive training program and commitment to ensuring that agents have long-term wealth building opportunities completely aligns with who we are and what we’ve built.”
Beyond its agent-first philosophy, ROVI Homes has earned a reputation as a pioneer in adopting innovative solutions that later become best practices across the New England real market. These include high-end property marketing and specialty agent services such as listing and the transaction coordinator roles. Underscoring its commitment to the western
“ROVI Homes represents everything we value at Real—an innovative approach, an outstanding track record and a collaborative culture. Steve and his team are exactly the kind of professionals we want on our team as we continue to grow,” said Real President Sharran Srivatsaa. “With ROVI Homes now part of Real’s innovative ecosystem, we’re set to elevate the industry standard and create unmatched opportunities for agents and clients alike.”
About Real
Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence throughout the
Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s ability to continue to attract agents.
Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns, Real’s ability to attract new agents and retain current agents and those risk factors discussed under the heading “Risk Factors'' in the Company’s Annual Information Form dated March 14, 2024, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
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Investor inquiries, please contact:
Ravi Jani
Vice President, Investor Relations and Financial Planning & Analysis
investors@therealbrokerage.com
908.280.2515
For media inquiries, please contact:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221
Source: The Real Brokerage Inc.
FAQ
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